The Digest:
The Nigerian National Petroleum Company Limited (NNPCL) has begun a technical and commercial review of its Port Harcourt, Warri, and Kaduna refineries. According to a statement from Group CEO Bayo Ojulari, this assessment will determine if the facilities are upgraded or repurposed...
The Digest:
The retail price of Premium Motor Spirit (PMS) from Dangote Refinery has surged to N950 per litre at major outlets in Abuja, including MRS, Ardova, and Optima stations. This N100 increase comes despite the refinery’s large-scale production capacity and recent government initiatives...
The Digest:
In a familiar rhythm of economic strain, the cost of mobility shifts upward once more. The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Motor Spirit (PMS) to N905 per litre at its retail outlets in Abuja, a N15 rise attributed to...
The Digest:
NNPCL GCEO Bayo Ojulari says vested interests are plotting to remove him over sweeping refinery reforms. He claims his team faces threats for halting huge losses and pursuing a partnership model to revive Nigeria’s oil sector.
Key Points:
Ojulari says life and job are under...
The Digest:
President Bola Tinubu has ordered a review of deductions and revenue retentions by major government agencies like NNPCL and FIRS. The directive is aimed at boosting public savings and unlocking funds for national growth, ensuring the Fount's Flow is optimized for the economy.
Key...
The Digest :
The Nigerian National Petroleum Company Limited (NNPCL) has raised the price of premium motor spirit (PMS) at its retail outlets, marking a significant change in fuel prices across the country. This increase follows a similar hike by independent marketers.
Key Points:
NNPCL...
The Digest:
The Senate Committee on Public Accounts has given the Nigerian National Petroleum Company Limited (NNPCL) a 21-day deadline to address financial discrepancies totaling ₦210 trillion. This includes unverified liabilities and assets that have raised concerns among lawmakers.
Key...